Business accolade for Kvarøy Arctic

Norwegian salmon farmer Kvarøy Arctic has been named in Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2022.

This year’s list from the US business magazine honours organisations that are making the biggest impact on their industries and culture as a whole, with 528 organizations recognised across 52 categories.

Kvarøy Arctic received the #2 recognition in the “Small and Mighty” category (under 10 employees) for the work of its US team. Among its efforts, Kvarøy Arctic is recognized for its ongoing community outreach with a donation program that started in 2020 and continues to contribute thousands of pounds of salmon each month to communities in need. The company’s recent product innovations were also considered, including the launch of its salmon hot dogs and burgers.

“The world’s most innovative companies play an essential role in addressing the most pressing issues facing society, whether they’re fighting climate change by spurring decarbonization efforts, ameliorating the strain on supply chains, or helping us reconnect with one another over shared passions,” said Fast Company Deputy Editor David Lidsky.

Meawhile, Kvarøy has promoted Strategic Development Officer Jennifer Bushman to the position of Chief Marketing Officer and announced the appointment of Freddy Olcese as Vice President of Finance.

Jennifer Bushman has over 20 years of experience with aquaculture working with companies including Pacifico Aquaculture, Blue Ocean Mariculture, and Riverence Trout.

Freddy Olcese comes to Kvarøy Arctic with 15 years of experience in the seafood industry including 11 years as the CFO of AquaChile, Inc. / RFA Inc. and four years as the controller for Rain Forest Aquaculture.

Kvarøy Arctic CEO Alf-Gøran Knutsen said: “At Kvarøy Arctic, we are always in forward motion. That means evolving and continuously improving. The journey never ends. This includes the expansion of our US team to fit the growing needs of Kvarøy Arctic. As CEO, I grow by surrounding myself with people that will inspire and support us in reaching our goals. It is why I am so honoured that Jennifer and Freddy have agreed to take these leadership positions as we look to the future.”


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